Argentina's problems went far beyond the absence of a strict currency board: Comment on Schuler
KURT SCHULER ARGUES MOST ECONOMISTS (MYSELF INCLUDED) failed to get the facts right. Schuler writes, â€œeconomists whose work in other areas I admire failed to do the research necessary for understanding Argentinaâ€™s situation accurately. As a result their analysis was faultyâ€ (Schuler 2005, 235). This mischaracterization of Argentinaâ€™s economic situation led them to prescribe inappropriate policies, not the least recommending that Argentina end its tight link to the dollar.
Volume (Year): 3 (2006)
Issue (Month): 1 (January)
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